Entrepreneurs in the Food and Beverage Industry

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Presentation transcript:

Entrepreneurs in the Food and Beverage Industry Restaurant Management – Week 3

John Rockefeller b. 1839, d. 1937

George Washington Carver b. 1864, d. 1943 Carver changed the South from being a one-crop land of cotton, to being multi-crop farmlands, with farmers having hundreds of profitable uses for their new crops http://www.youtube.com/watch?v=sdz8XTNttdc

Milton Hershey b. 1857, d. 1945 In 1905, Hershey built the world's largest chocolate factory in Pennsylvania Millions enjoy what once had been reserved for the wealthy. Selling "low-cost luxury" became a viable business model ://www.youtube.com/watch?v=OK2wTs_FqRs

Harland “Colonel” Sanders b. 1890, d. 1980 Kentucky Fried Chicken, pioneered by Colonel Harland Sanders, became one of the largest quick service food service systems in the world A billion "finger lickin' good" KFC dinners served annually in more than 80 countries and territories.

Ray Kroc b. 1902, d. 1984 Ray Kroc turned a California burger shack into a brand whose golden arches span the globe By investing in franchisees, Kroc drove the inexorable growth of McDonald's and created one of the most visible brands in history http://www.youtube.com/watch?v=GxXDD_7lgYw

W. K. Kellogg b. 1860, d. 1951 Kellogg's accidental discovery, promoted with savvy marketing, transformed the way Americans eat breakfast Kellogg grasped the idea that kids influence buying decisions—galvanizing the brand's success

Troy Smith b. 1922 d. 2009 Initially called “Top Hat Drive-In” in OK. Now SONIC has more than 3,500 drive-ins coast to coast Serves 3 million customers every day. More drink combinations than any other quick-service restaurant! 398,929 +

Martha Stewart b. 1941 Started a catering business out of her Westport (Conn.) home in 1976 Went on to expand into retail, publishing, television, and merchandising

Wolfgang Puck b.1949 Austrian celebrity chef, restaurateur, businessman and occasional actor. Wolfgang Puck restaurants, catering services, cookbooks and licensed products are run by Wolfgang Puck Companies, with three divisions.

Howard Schultz b. 1953 Starbucks CEO – In 2012, Forbes magazine ranked Schultz as the 354th richest person in the United States, with a net worth of $1.5 billion. The first Starbucks opened in Seattle, Washington, on March 30, 1971 by three partners: English teacher Jerry Baldwin, history teacher Zev Siegl, and writer Gordon Bowker

Steve Ells b. 1965 Steve Ells may be the founder of Chipotle, but he’s not your typical CEO. Steve is a chef first. He believes in creating "Food with Integrity“.

Danny Meyer CEO of Union Square Hospitality Group New York City Restaurateur Author - “Setting the Table: The Power of Hospitality in Restaurants, Business, And Life

J. Darius Bikoff b. 1961 Vitamin Water Founder and CEO of Energy Brands Coca Cola bought his company For $4.1 BILLION

Emeril Lagasse Restaurant Owner – First restaurant in New Orleans opened in 1990 Nominated 8 times For Daytime Emmy without winning. Discovery Channel’s series – Emeril Green is filmed at Whole Foods Markets across the USA

John Mackey Co-founder and co-CEO of WHOLE FOODS MARKETPLACE Began in 1980 Entrepreneur of the year in 2003 He was born in Houston, Texas Animal welfare standards are considered for products sold at Whole Foods In 2006, he reduced his yearly salary to $1. He donates his stock portfolio to charity. "I am now 53 years old and I have reached a place in my life where I no longer want to work for money, but simply for the joy of the work itself and to better answer the call to service that I feel so clearly in my own heart."

Ben and Jerry’s Jerry Greenfield Ben Cohen On May 5, 1978, with a $12,000 investment the pair opened an ice cream parlor in a renovated gas station in downtown Burlington, Vermont. After two months they closed down after realizing they were not making any profits. Marketing early on – Free Cone Day – 1979 World’s Largest Ice Cream Sundae – 1983 Used Local Artist to Design Cows on Label

Assignment Create 2 slides to add to my PowerPoint presentation and email them to me. Claudine_terry@allenisd.org Follow my format – Make two slides of two different people Name of person/Born: Died: (if applicable) Then 2-4 bullets with information PICTURE of person

Monday, September 17, 2012 Assignments Due Today – Business Structures Work Sheet - 2 Power Point Slides about an 2 important entrepreneurs. First Test over Business Structures will be next class period. This will be open notes, so today is a great day to assure your binder is organized! TEST REVIEW TODAY – TAKE NOTES… Due to computer errors, the first test will be a handout, not on Skyward.